Shearwater Group PLC Contract win
March 27 2020 - 3:00AM
RNS Non-Regulatory
TIDMSWG
Shearwater Group PLC
27 March 2020
RNS Reach
27 March 2020
SHEARWATER GROUP PLC
Contract Win
Shearwater Group plc, the organisational resilience group,
announces that its group company, GeoLang, has won a new three-year
contract worth circa GBP0.2 million in aggregate with a leading
global medical and research development organisation, specialising
in oncology and DNA / RNA sequencing.
Under the terms of the contract GeoLang will provide the
organisation with Cloud Data Loss Prevention ("DLP") as well as
Data Discovery and extraction solutions that cross the boundaries
between Office 365, Box and Confluence.
While there are many tools on the market that offer network DLP,
these tools will often have gaps in the cloud solutions that they
protect with no true endpoint visibility. GeoLang is able to
provide agile development capabilities, connecting the dots that
extend its Ascema DLP and Data Discovery platform to offer real
time discovery and protection of sensitive data and IP across
legacy and disparate enterprise systems.
Phil Higgins, Chief Executive Officer of Shearwater,
commented:
"This is a great contract win for GeoLang. To be partnering with
a prestigious organisation specialising in highly regulated and
complex fields including human genomics, cancer research and
microbiology, is a great reflection of the capability of GeoLang's
patented software in mitigating risk and the loss of invaluable
data and information.
"It is also pleasing to see the benefit of the investments made
in developing GeoLang's proprietary software suite gaining traction
as the business begins to scale."
Enquiries:
Shearwater Group plc c/o Instinctif Partners
David Williams, Chairman
Phil Higgins, Group CEO
Instinctif Partners shearwater@instinctif.com
Adrian Duffield / Chantal Woolcock +44 (0) 20 7457 2815
About Shearwater Group plc
Shearwater Group plc is an award-winning organisational
resilience group that provides cyber security, advisory and managed
security services to help assure and secure businesses in a
connected global economy.
The Group's comprehensive cyber security solutions and services
maintain trust between users, provide assurance around the
protection of information assets and critical infrastructure, and
support organisations' operational effectiveness. Its capabilities
include identity and access management and data security, cyber
security solutions and managed security services, and security
governance, risk and compliance.
The Group is headquartered in the UK with offices in the US, UK
and Europe, serving customers across the globe who are active in a
broad spectrum of industries.
Shearwater shares are listed on the London Stock Exchange's AIM
under the ticker "SWG". For more information, please visit
www.shearwatergroup.com.
About GeoLang
GeoLang delivers data discovery and data loss prevention
solutions, services and technologies to discover, classify and
protect sensitive data and information in the cloud and on-premise.
For more information, please visit www.geolang.com.
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END
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